Congrats to those who took the trade (':
Major resistance at 49 so try to take some profits at the targets placed.
4HR bullish TK cross
MACD reset, looking for a recross
Once 12 HR Bullish cross occurs im probably adding a significant amount of money.
Since this is a reputable company a conservative stop loss, the same one I used is fine.
If you're early in this trade consider moving ur stop loss up so you get stopped out in profit! I'd let the chart play out first.
Also for earnings, traders usually dont hold through it, its pretty much a 50/50 event.
Major resistance at 49 so try to take some profits at the targets placed.
4HR bullish TK cross
MACD reset, looking for a recross
Once 12 HR Bullish cross occurs im probably adding a significant amount of money.
Since this is a reputable company a conservative stop loss, the same one I used is fine.
If you're early in this trade consider moving ur stop loss up so you get stopped out in profit! I'd let the chart play out first.
Also for earnings, traders usually dont hold through it, its pretty much a 50/50 event.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.